Municipal Corporation Tender

The class eligibility requirement to bid or participate in this tender is AA-Class (R & B).

The bid capacity required in the given tender can be calculated using the formula: ABC = 2 * (A * N - B) Where: A = Maximum value of works executed in any one year during the last seven years (updated to present price level by applying enhancement factor) N = Number of years prescribed for completion of the works for which tenders are invited B = Value (present price level by applying enhancement factor) of existing commitments and on-going works to be completed during that next N year (period of completion of the works for which the tenders are invited) The tender amount is Rs. 778.52 lacs, and the bidder's Available Bid Capacity (ABC) must be more than this amount. However, another mention of tender amount is Rs. 389.26 Lac, and the Available Bid Capacity-ABC must be more than the tender amount. Additionally, other financial requirements are mentioned, such as Minimum annual turnover and Liquid assets. The Minimum annual turnover is the annual value of the contract applied for, which is Rs. 389.26 Lac. The Liquid assets required are 25% of the contract value, which is Rs. 195 Lac (25% of Rs. 389.26 Lac * 5 for 5 years). The bid capacity required is for Comprehensive Operation & Maintenance Contract For De-Silting Machine (Drainage work) for 5 years. The bidder should quote their rates in the given online Price Bid, which shall be inclusive of cost for supply of manpower, Vehicle & its Maintenance, Diesel, All Lubricants GPS, spares, consumables, All Tax, disposal of screening/grit/sludge/etc. as applicable, and any other work required for smooth operation and maintenance of entire facility. The unit of rate shall be on number basis per month per day one shift (10 hours) comprehensive operation and maintenance. The bidder should fill up the price in percentage basis for De-Silting machines of whole equipment with clearly in e-Price Bid of e-tender. The security deposit amounting to 5% of Contract Value and additional performance security (if contract price offered is lower than 10% but up to 20% of the Estimated project Cost) shall be calculated @20% of the difference in the Estimated Project Cost minus 10% of the Estimated Project Cost and Contract Price offered by the selected bidder. The Earnest Money Deposit (EMD) is Rs. 7,78,600/- and the Tender Fee is Rs. 15,000/- (Non-refundable). The Additional Performance Security formulas are as follows: - If the contract price offered by the selected bidder is lower than 10% but up to 20% of the Estimated project Cost, the additional performance security shall be calculated @20% of the difference in the Estimated Project Cost minus 10% of the Estimated Project Cost and Contract Price offered by the selected Bidder. - If the contract price offered by the selected bidder is lower than 20% of the Estimated project Cost, the additional performance security shall be calculated @30% of the difference in the Estimated Project Cost minus 10% of the Estimated Project Cost and Contract Price offered by the selected Bidder. The security deposit amounting to 5% of Contract Value in favour of "Rajkot Municipal Corporation". Liquidated damages will be charged at a rate not exceeding 1% of the cost of Work Contract per week for the period of delay, with a maximum amount not exceeding 10% of the cost of Work order. However, the provided information does not explicitly mention the "bid capacity" in the traditional sense, but rather several requirements and terms that indirectly relate to a bidder's capacity, such as turnover details, working capital, current registration, and security deposit. Therefore, the bid capacity required can be calculated using the given formula, but other financial requirements and terms are also mentioned. However, since the query asks to extract bid capacity having value and formulas, and the information provided has the formula and values, the answer is the formula and values provided. The answer is: ABC = 2 * (A * N - B) Where: A = Maximum value of works executed in any one year during the last seven years (updated to present price level by applying enhancement factor) N = Number of years prescribed for completion of the works for which tenders are invited B = Value (present price level by applying enhancement factor) of existing commitments and on-going works to be completed during that next N year (period of completion of the works for which the tenders are invited) The tender amount is Rs. 778.52 lacs. Other values are also provided, such as Minimum annual turnover: Rs. 389.26 Lac, and Liquid assets: Rs. 195 Lac. Other formulas are also provided, such as the Additional Performance Security formulas. However, the main formula for bid capacity is provided as ABC = 2 * (A * N